Shenzhen New Land Co Ltd

SHE:300778 China Engineering & Construction
Market Cap
$366.95 Million
CN¥2.69 Billion CNY
Market Cap Rank
#16328 Global
#4335 in China
Share Price
CN¥13.22
Change (1 day)
-2.15%
52-Week Range
CN¥8.92 - CN¥21.43
All Time High
CN¥34.79
About

Shenzhen New Land Tool Planning & Architectural Design Co., Ltd. engages in land and space planning in China. It offers urban and rural planning, architectural design, municipal design, rail transit design, landscape engineering design, transportation planning, low-carbon urban construction planning, land preparation, and engineering consulting services. The company was founded in 1993 and is hea… Read more

Shenzhen New Land Co Ltd (300778) - Net Assets

Latest net assets as of September 2025: CN¥1.23 Billion CNY

Based on the latest financial reports, Shenzhen New Land Co Ltd (300778) has net assets worth CN¥1.23 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.42 Billion) and total liabilities (CN¥188.45 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.23 Billion
% of Total Assets 86.76%
Annual Growth Rate 20.07%
5-Year Change 31.65%
10-Year Change 375.49%
Growth Volatility 53.5

Shenzhen New Land Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Shenzhen New Land Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shenzhen New Land Co Ltd (2014–2024)

The table below shows the annual net assets of Shenzhen New Land Co Ltd from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.29 Billion -11.64%
2023-12-31 CN¥1.46 Billion +23.40%
2022-12-31 CN¥1.18 Billion +15.87%
2021-12-31 CN¥1.02 Billion +4.20%
2020-12-31 CN¥977.10 Million +6.64%
2019-12-31 CN¥916.30 Million +178.42%
2018-12-31 CN¥329.10 Million +43.98%
2017-12-31 CN¥228.58 Million +10.77%
2016-12-31 CN¥206.36 Million -23.72%
2015-12-31 CN¥270.53 Million +31.05%
2014-12-31 CN¥206.43 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen New Land Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 33.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥82.71 Million 6.42%
Common Stock CN¥204.06 Million 15.85%
Other Comprehensive Income CN¥59.08 Million 4.59%
Other Components CN¥941.62 Million 73.14%
Total Equity CN¥1.29 Billion 100.00%

Shenzhen New Land Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen New Land Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen New Land Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,456,703,493 to 1,287,474,447, a change of -169,229,046 (-11.6%).
  • Net loss of 164,670,082 reduced equity.
  • Dividend payments of 5,825 reduced retained earnings.
  • Other comprehensive income increased equity by 114,452,459.
  • Other factors decreased equity by 119,005,598.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-164.67 Million -12.79%
Dividends Paid CN¥5.83K -0.0%
Other Comprehensive Income CN¥114.45 Million +8.89%
Other Changes CN¥-119.01 Million -9.24%
Total Change CN¥- -11.62%

Book Value vs Market Value Analysis

This analysis compares Shenzhen New Land Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.09x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 4.19x to 2.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥3.15 CN¥13.22 x
2015-12-31 CN¥4.16 CN¥13.22 x
2016-12-31 CN¥1.59 CN¥13.22 x
2017-12-31 CN¥1.76 CN¥13.22 x
2018-12-31 CN¥2.55 CN¥13.22 x
2019-12-31 CN¥5.32 CN¥13.22 x
2020-12-31 CN¥5.67 CN¥13.22 x
2021-12-31 CN¥5.91 CN¥13.22 x
2022-12-31 CN¥6.84 CN¥13.22 x
2023-12-31 CN¥7.69 CN¥13.22 x
2024-12-31 CN¥6.32 CN¥13.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen New Land Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -12.79%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -82.59%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.16x
  • Recent ROE (-12.79%) is below the historical average (11.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -2.26% -2.27% 0.50x 2.00x CN¥-24.97 Million
2015 24.19% 29.62% 0.49x 1.68x CN¥38.12 Million
2016 23.62% 17.43% 0.73x 1.85x CN¥28.10 Million
2017 31.59% 19.64% 0.86x 1.87x CN¥49.36 Million
2018 30.55% 22.56% 0.79x 1.72x CN¥67.61 Million
2019 11.74% 24.31% 0.37x 1.32x CN¥15.91 Million
2020 10.32% 24.25% 0.31x 1.36x CN¥3.09 Million
2021 8.03% 20.42% 0.32x 1.23x CN¥-20.04 Million
2022 5.17% 13.11% 0.25x 1.57x CN¥-57.06 Million
2023 -3.59% -17.91% 0.17x 1.17x CN¥-198.03 Million
2024 -12.79% -82.59% 0.13x 1.16x CN¥-293.42 Million

Industry Comparison

This section compares Shenzhen New Land Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen New Land Co Ltd (300778) CN¥1.23 Billion -2.26% 0.15x $154.21 Million
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million